Automotive Power Window Motor Market – Post Pandemic Recovery Plan Strategies and Processes | Growing Adoption of Power Window System to Boost Market Growth | Technavio
LONDON–(BUSINESS WIRE)–The automotive power window motor market is expected to grow by USD 518.04 million during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.
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The growing consumer demand for safety and convenience has led to the introduction of various advanced automobile safety systems. Also, convenience features such as power windows which were only seen in premium vehicles are now provided in mid-level and entry-level vehicles. Furthermore, the penetration of power window systems is gaining traction in the commercial vehicle segment as well. All these factors fueling the growth of the global automotive power window motor